Question: In a Guaranteed Maximum Price ( GMP ) , whose amount is $ 2 0 0 , 0 0 0 , the target cost is

In a Guaranteed Maximum Price (GMP), whose amount is $200,000, the target cost is estimated at $ 150,000 and the target fee at $30,000. Sharing percentages for saving is 70 to the client/30 to the contractor and for cost overrun the shares are 60% to the contractor and 40% to the client. The project is over, and the client has agreed that the costs were $210,000. Calculate the final fee and final price.

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